Munich Court Says Indictment Alleging Corruption Was Delivered in May

FRANKFURT—German prosecutors have indicted Formula One Group Chief Executive Bernie Ecclestone for bribery in connection with $44 million he paid a Munich banker in 2006-07, jeopardizing his future atop the racing circuit.

The indictment of the 82-year-old—known in Formula One circles as the "Supremo"—could force him to end his reign of a sport he dominated for decades as an owner, manager and public face, according to...